As breaking news of the latest online scams and security breaches continue to make the rounds, so do heated conversations about cybersecurity such as large companies being hacked, customer data leaks, and the all too common email phishing, among others.
“Millions of people are going online for their everyday transactions,” says Peter Maquera, Senior Vice President for Globe Business, Enterprise Group. “But whether it's personal or for business, it seems that, for many, cybersecurity is still quite an abstract concept—until, of course, you become the victim.”
While cybersecurity has become a strategic priority for enterprises in this time of widespread digitalization, challenges still abound. Cyber threats and cyber attacks continue to rise, and threat actors are finding more sophisticated ways to put organizations at risk. Coupled with existing gaps in cybersecurity skills and infrastructure, as well as regulatory and compliance issues, it makes for the perfect storm of cyber vulnerabilities.